Round Robin Betting Explained: Betting Guide and Tips Cover

Round Robin Betting Explained: Betting Guide and Tips

by Oddspedia Experts
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A single wager may not be enough for players to win any significant amounts. This is why many punters like to combine several wagers to create a bigger bet. With Round Robin Betting, unlike the normal accumulator bet, they do not have to combine all these bets in a single betslip, but place bets in groups to increase the chances of a win. Let’s learn more bet details about this type of betting and how to use it to increase your chances of a win.
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What is the Round Robin System Bet?

A round-robin is a type of betting system where you may have several smaller parlays that you make from a larger list of teams. Many top sportsbooks will create these parlays automatically. Therefore, you can have over a dozen at once.

It is similar to Trixie's bet. However, unlike Trixie bet, it includes singles.

For example, there could be seven separate bets divided into three events such as three singles, an accumulator and three doubles. If you were to place $1 on each selection, you would have $7. While it may look complicated, the round-robin bet allows you to differentiate bets within a large multi-bet, increasing the chances that you will win despite a loss in one group. It also incorporates various types of bets, increasing the possible win amount.

How Does the Round Robin Bet Work?

The round-robin gets its name from a tournament of the same name where every team plays with each opponent in its group. In this case, instead of the team playing each other team forms parlays together.

Once you select several teams to bet on, your bookmaker will create parlays made up of the games you selected. The more the number of games in your selection, the more parlay combinations you create. Each bookmaker will display the parlays differently.

Here is an example. In a selection of five teams, you can have the following;

  • 10 two-team parlays
  • 5 four-team parlays
  • 10 three-team parlays
  • 1 five-team parlay

You can have several round-robin numbers when you add more teams. For example, you can create 2,036 parlays in an 11-team round robin.

How Do You Win A Round Robin Bet

To win a round-robin wager depends on how many selections you have chosen and in what combinations. It is not the same condition as with parlay and up-and-down bets. If all the teams you choose become winners, you will get larger payouts than a single parlay with all the said teams together. However, if some of your selections lose, you can still bank some profit.

If you make a $10 bet on a three-team parlay (up and down bet) at -110 odds, you expect to make a profit of $59.6. However, if you make a three-team round-robin with the same wager and odds, you are likely to make $99.2 in profit with a winning bet.

However, remember, for the case of the round-robin bets, you will be betting thrice the amount that you would use to wager on a parlay of the same number of games to get this payout. In the example above, you would be betting with $30. If you are not sure if your calculations are correct, you can always use a round-robin bet calculator. How much a round-robin bet pays depends on the number of selections won.

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How To Place A Round Robin Bet

If you would like to place a round-robin bet, click the round-robin option at your favourite bookmaker. Then, continue to select the games that you wish to bet on. In other cases, you may be required to start by selecting games before clicking the Round Robin feature. The bookmaker populates the tables automatically and shows you the total bet amount that you should wager after putting in the minimum bet amount.

Step-by-Step Guide

Here is a guide to betting using round robin system

  • Visit your favourite sportsbook
  • Determine the number of parlays that you will create for your bets
  • Select the games that you would like to create combinations from
  • Pick the number of parlays you would like to use in the bet slip after clicking the round-robin option.
  • Wait for the software to populate the parlays with the games you have chosen
  • Determine the base bet amount
  • Make your wager as shown by your bookmaker

The process may differ a little from one bookmaker to another. However, the selection of games and set number of parlays determines how much you will wager for the round of robin.

Example of A Round Robin System Bet, when Used in Sports, Betting

Let’s take an example of these three games in a robin bet.

  1. Arizona Cardinals vs Baltimore Ravens - Away win
  2. Atlanta Falcons vs Carolina Panthers - Away win
  3. Buffalo Bills vs Cincinnati Bengals - Home win

Your round-robin bet can look like this for each parlay

  • 1st Parlay: Buffalo Bills + Baltimore Ravens
  • 2nd Parlay: Buffalo Bills + Carolina Panthers
  • 3rd Parlay: Carolina Panthers + Baltimore Ravens

If you bet with $10 on each parlay, you will spend $30 for the entire bet. Suppose each bet gives you $30, you are likely to win $90. To turn a profit, you must win at least two parlays.

What Is the Difference Between Round Robin and 3-Fold ACCAs?

A three-fold bet involves folds or legs, which are separate selections that need to win for the accumulator bet to succeed. This type of bet is also called a treble. However, any accumulator bet with three games can be called three-fold.

On the other hand, a robin round of three games means that each team will play with the other two, and you will bet on each separately in the total bet. Therefore, you will get a return if one or more combinations are winners.

It all boils down to what a punter is ready to risk and how confident they are in their bets.

Pros vs Cons
Thumb Up
Thumb Down
  • It opens up a new avenue for winning your favourite game;
  • A chance of winning huge amounts of cash;
  • You can still get a return even if some of the selections fail to win;
  • You get a helping hand from the software to place bets;
  • There is a higher risk of losing your cash;
  • The concept is quite complicated for beginner players;
  • The option is not available in many sportsbooks. Therefore, many bettors may not access the feature at will.;

Conclusion

Round robin is a way to place multi-bets but separate them such that a single loss does not make you lose your entire stake. Likewise, it opens up new possibilities for making more cash with multipliers for the additional bets.

While it looks a little complicated, the betting type simply means that each selection will be paired with each that is on the selected parlay and given a stake. Sportsbooks make the work easier by automatically populating your parlays when you make a selection.

Before you place such a bet, remember that you have to analyse your selection carefully and determine the number of parlays to pick. Otherwise, it is a profitable venture if you make accurate predictions. Start with low amounts when learning about the new system and increase it as you grow your confidence.

Round Robin Betting System FAQ

What Is Each Way Robin?

Each way bet consists of two bets of equal cost. A win is an accurate prediction of the outcome of the event, while a place bet predicts a finish with the number of places specified by the bookmaker. Each way round-robin bet gives you these options for each selection, increasing the number of bets in each parlay.

🏆 What Are the Most Popular Sports for Round Robin Bets?

The most popular sport for round-robin betting is horse racing. In most cases, there are three selections that have 10 individual bets within one type of bet. These include 3 doubles, 3 single stakes about bets and one treble.

💶 How Many Selections Do a Round Robin Bet Include?

The number of selections in a round-robin bet is dependent on the number of games you choose. However, sportsbooks allow you to choose how many bets and the number of parlays to bet on.

💳 Do Round Robins Have Alternative Names?

The round robins are also called all-play-all tournament bets due to the nature of betting where each selection is combined with other selections in the parlay.

🤔 What Is the Difference Between Round Robins and Parlays?

A parlay is a case where a gambler makes multiple bets such that they tie all the selections in a single bet. On the other hand, a round robin is a combination of various parlays, each wagered separately.

Do All Bookmakers Offer Round Robin Bets?

Unfortunately, the round-robin bet option is not available to all bookmakers. You need to check with your favourite sportsbook for this offer. Contact customer service if you do not see the option indicated in the terms or betting information page of your bookmaker.

🏆 Is the Round Robin System Profitable?

Yes. The round-robin betting system is profitable. However, you must make a specified number of wins to get a profit. This number of wins is dependent on the number of parlays that you make. The more the number of parlays you make, the higher the required wins to cover the extra stake. If you are having trouble calculating profits and how much round-robin bets are worth, we suggest you use a round-robin calculator.

💶 What Happens if There Is a Non-Runner in My Round Robin Bet?

If there is a non-run in a Robin bet, all bets stand in all the selections. All treble with a non-runner become doubles, while doubles become singles. Any stakes on affected bets are placed on other selections in your combinations. Many bookmakers will indicate the non-runner after making the changes to your bet.
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This article was written by our team of betting experts, any contributing references are noted below.
Last updated 22/02/2024
References
  1. Round Robin bet explained - What is a Round Robin bet? | 888.comTM. (2021). 888sport. https://www.888sport.com/blog/sport-betting-guide/types-of-bet/round-robin-bet
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